Willingdon Heights, Burnaby - July 2026 Real Estate Report

Willingdon Heights, Burnaby: Your Home Is Probably Worth More Than the City Thinks - But the Market Is Sending Mixed Signals

The Vibe Right Now

If you've been watching the "For Sale" signs in Willingdon Heights lately, here's what's actually happening. The market is taking a breather. Neighbourhood growth is down 0.04% year over year, and we're sitting at rank 23 out of 36 Burnaby neighbourhoods for house price growth - that's below average, no sugarcoating it. But here's the thing: Willingdon Heights still punches above its weight on price. Our houses rank 7th out of 34 Burnaby neighbourhoods for value. That's a top-tier address, even in a slow patch.

On the condo side, the story is genuinely different - and a lot more interesting for us owners. Condos here rank 5th out of 37 Burnaby neighbourhoods for growth. That puts us among the top performers in the city. Price rank is 3rd out of 26. We're not just holding ground; condos in Willingdon Heights are outrunning almost every comparable neighbourhood around us.

Houses vs. Condos - Breaking It Down

Houses

• Average sale price: $1,508,000 - essentially flat right now
• Price per square foot: $1,329
• 1 property sold recently - a very thin market
• HonestDoor predicted value: $1,834,542 - trending up from the 3-month average of $1,815,771
• Estimated rent: $6,375 per month, rental yield of 3.83%
• Recent value change: -0.97%
• Growth rank: 23 out of 36 Burnaby neighbourhoods
• Price rank: 7 out of 34 Burnaby neighbourhoods

One sale does not make a trend. With only 3 total transactions in Willingdon Heights houses so far in 2026, we're working with a thin slice of data. The predicted market value of $1,834,542 is climbing past its own 3-month average, which is a quiet positive signal - but sellers need realistic expectations. The sale price of $1,508,000 sits well below the predicted value, which tells us buyers are negotiating hard right now.

Condos

• Average sale price: $769,600 - essentially flat
• Price per square foot: $863
• 5 properties sold recently - more active than the house market
• HonestDoor predicted value: $963,969 - up from the 3-month average of $934,597
• Estimated rent: $3,974 per month, rental yield of 3.22%
• Recent value change: +3.13%
• Growth rank: 5 out of 37 Burnaby neighbourhoods - top tier
• Price rank: 3 out of 26 Burnaby neighbourhoods - among the most expensive in Burnaby

Condos here are doing something the rest of the neighbourhood is not - growing. A 3.13% recent value change and a top-5 growth rank in Burnaby is a real signal. Compare that to our neighbours: Brentwood condos are cheaper and growing slower, West Central Valley is cheaper and growing slower, Dawson-Delta is cheaper and growing slower. On the condo leaderboard, Willingdon Heights is winning right now.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your BC Assessment notice: it reflects what your home was worth on July 1st of last year. That's it. The city is not tracking what happened last month, last week, or yesterday. It's a snapshot of the past, not a read on where things stand today.

The HonestDoor Price is updated in real time. And right now, it's telling a story that your assessment is missing. For houses, the average city assessment is $1,870,362 - but the HonestDoor Price is $1,812,195, which is 3.11% lower. That gap matters. If you're pricing a listing based on your assessment, you may be starting the conversation in the wrong place.

For condos, the gap flips completely. The average assessed value is $756,585, but the HonestDoor Price is $940,980 - that's 24.37% higher than what the city has on the books. If you own a condo in Willingdon Heights and you're only looking at your assessment, you are likely underestimating what you actually have. That's real money being left on the table in any conversation about selling, refinancing, or even just understanding your net worth.

Check your HonestDoor Price now. Don't wait for next year's assessment to tell you what the market already knows.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Willingdon Heights and you're thinking about listing this summer, go in with clear eyes. The market is quiet - 3 transactions in 2026 is a slow pace. Buyers know it too, and they're negotiating accordingly. The gap between the predicted value ($1,834,542) and recent sale prices ($1,508,000) is wide. That doesn't mean you can't sell well - it means you need sharp pricing and a realistic strategy from day one. The good news: at rank 7 out of 34 for price in Burnaby, this is still a premium address. Buyers looking for value in Burnaby will find their way here.

If you own a condo, the summer picture looks more encouraging. Values are trending up, the 3-month momentum is positive, and we're outperforming almost every comparable neighbourhood in Burnaby for growth. With 20 condo transactions already in 2026 and a predicted value of $963,969 climbing past its own recent average, there's genuine buyer interest here. Your assessed value of $756,585 is not the number to anchor on - your HonestDoor Price of $940,980 is a much more honest starting point for any listing conversation.

Bottom line: Willingdon Heights is not a market on fire right now, but it's not falling apart either. Houses are holding value at a premium price point in a slow-moving market. Condos are quietly outperforming the city. Know your real number before you make any move.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.